Solana-based algorithmic stablecoin NIRV has become the latest stablecoin to fail after dropping 85% from its United States dollar peg following a hack on adaptive yield protocol Nirvana Finance on We...
Tag: NIRV
Nirvana Attack Made ANA and NIRV Plunge Over 80%—Protocol Urged Hacker to Return Funds
Broader crypto market is showing uptick while everything is not well for Nirvana Finance. Nirvana Finance requested the hacker to return the stolen funds back. On July 28, Solana based def...
Solana-based Stablecoin NIRV Is Attacked, Rate Collapsed 90%
Gamza Khanzadaev Another algorithmic stablecoin crashed, this time on Solana blockchain According to crypto analytics company PeckShield, Solana-based Nirvana Finance was attacked, causing its own DeF...